A great idea is worth, statistically, one cent. A viable, marketable, scalable product and company is a different story entirely!
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Pascal BORNET
In 2000, Palm was valued higher than Apple, Amazon, Google, and Nvidia all together
> Palm pioneered the personal digital assistant (PDA) market with the PalmPilot. The PalmPilot featured a calendar, address book, and memo pad, making it popular among professionals and tech enthusiasts.
> Palm developed its own operating system, Palm OS, known for its intuitive interface and efficient use of memory.
> Palm’s market capitalization reached $58 billion.
> 10 years later, Palm struggled to adapt to the rise of smartphones with touchscreens and internet access. The company’s slow adoption of new technologies led to a loss of market share. Palm brand was discontinued in August 2011.
> The story of Palm serves as a reminder that today’s tech leader can become tomorrow’s trivia answer. It also emphasizes the transient nature of success in the tech industry.
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